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Home | New Zealand leaves rates at 2.5% |
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New Zealand leaves rates at 2.5%
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- December 09, 2011
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The Reserve Bank of New Zealand has announced its decision to leave the Official Cash Rate (OCR) unchanged at 2.5%. Governor Alan Bollard stated that global economic conditions have deteriorated, with financial markets becoming more volatile as the eurozone sovereign debt crisis continues and worsens. Bollard went on to say that the future of the [...]
- Read more at:http://www.bankingtimes.co.uk/2011/12/08/new-zealand-leaves-rates-at-2-5/
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